40,629,870 Equity Shares of Sansera Engineering Limited are subject to a Lock-Up Agreement Ending on 21-SEP-2022. These Equity Shares will be under lockup for 369 days starting from 17-SEP-2021 to 21-SEP-2022.

Details:
Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, an aggregate of the 20% of the fully diluted post-Offer Equity Share capital of Company held by Promoters (assuming full conversion of Series A CCPS, Series B CCPS and exercise of all vested employee stock options) shall be locked in for a period of three years as minimum Promoters’ contribution (“Minimum Promoters’ Contribution”) from the date of Allotment and the shareholding of the Promoters in excess of 20% of the fully diluted post-Offer Equity Share capital shall be locked in for a period of one year from the date of Allotment.